11704 Chanticleer Ct, Pensacola, FL 32507

$485,000
List Price
$485,000
MLS#
550094
Status
ACTIVE
Type
Land
Acres
0.7
City
Pensacola
Subdivision
Grande Lagoon

Property Description

225' of DIRECT Waterfront! Over 2/3 acre of land on the IntraCoastal Waterway! ** It is rare to ever find an opportunity like this! ** Just minutes from Restaurants that offer Dockside dining (like Oyster Bar and Sunset Grill) and about 5 minute boat ride to the Gulf of Mexico. ** If you understand waterfront values, you know that the closer you get to clean, clear water and to the Gulf of Mexico, the higher the value. With this, you get waterfront property on both the ICW as well as a portion of the lot on a protected boat basin that will offer your boat safe harbor from the elements - though, it rarely gets that rough on this body of water ** As part of the Grande Lagoon subdivision, you also get the benefit of the waterfront playground, pier/dock and TENNIS COURT - all located waterfront! ** The Association does have minimal restrictions but the HOA is very easy-going and while everyone cares about taking care of their homes, no one is bothering you. ** Any home built is required to be on pilings but with this, you will have clear view of the Gulf of Mexico which is just several hundred yards away and you can literally hear the waves from the Ocean! ** Buld a dock out onto the ICW and/or you can build a boathouse on the canal and keep your boat protected. ** You can build just about any size home imaginable on this HUGE lot surrounded by million dollar homes ** One home is being started just 2 lots over at a price tag of around $1.4m and there is another home just down the street that is listed for $3.75m. ** Most (if not all) utilities present already ** Located at the end of a cul-de-sac, you will appreciate total serenity and endless sunrises and sunsets free from the sounds of traffic and abounding in the sounds of the water life (dolphin, turtles, mullet, pelicans, sea gulls, etc). ** Finally, flood insurance will be minimal as the lot is located in flood zone AE, which should keep your flood insurance at approximately $600/year...yes, per year!

Additional Information

High School
Escambia
Lot Description
CUL-DE-SAC, WATERFRONT
Waterfront Type
BEACH, CANAL, INTERCOASTAL WW

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Calculator source: Real Geeks

Listing courtesy of MARK DOWNEY & ASSOCIATES, INC..